Archives par catégorie: Business

XRP Sluggish: Unraveling The Factors Behind Its Gradual Weakening

XRP Sluggish: Unraveling The Factors Behind Its Gradual Weakening

The XRP community is struggling with a significant rise in profit-booking actions due to repeated attempts at smashing through the unbreakable $0.85 resistance barrier, resulting in a severe loss of traction for the Ripple altcoin price. The market is now anxiously awaiting the answer to the crucial question: Will the bullish forces muster enough strength […]

Bitcoin Will Reach $175,000 If Prices Break Above This Rising Channel, Trader Claims

Bitcoin Will Reach $175,000 If Prices Break Above This Rising Channel, Trader Claims

Bitcoin’s six-year range inside a rising channel has drawn the attention of a curious but optimistic analyst. Previewing the price chart shows that the coin has been in range over the years, capturing all of its volatility. Despite occasional dumps and pumps, the structure is yet to be broken.  By the time the screenshot was shared on […]

From Polygon NFT Wins To MATIC Gains: Understanding The Connection

From Polygon NFT Wins To MATIC Gains: Understanding The Connection

Polygon has recently witnessed a remarkable surge in its non-fungible tokens (NFTs) sales volume and the influx of sellers participating in this burgeoning market. This growth in the NFT sector has sparked considerable interest and speculation among investors, prompting many to ponder the potential impact it may have on the price of MATIC, the native […]

Maker (MKR) Surges 26% In A Week As Token Buyback Program Goes Live

Maker (MKR) Surges 26% In A Week As Token Buyback Program Goes Live

In the past week, Maker (MKR) token has captured significant attention in the crypto market, surging an impressive 26%. This remarkable price action coincides with the introduction of a groundbreaking token buyback program by the leading decentralized finance (DeFi) lending platform, MakerDAO. As the DeFi ecosystem continues to expand, Maker (MKR) stands out as one […]

How Did Shiba Inu Price React To 3 Trillion SHIB Investor Accumulation?

How Did Shiba Inu Price React To 3 Trillion SHIB Investor Accumulation?

Shiba Inu (SHIB) has emerged as a force to be reckoned with in the digital asset landscape despite the lack of significant bullish momentum in the past few weeks. However, recent events have catapulted this canine-inspired cryptocurrency into the spotlight, as an astonishing 3 trillion SHIB tokens were accumulated by investors.  Cryptocurrencies are renowned for […]

Ethereum (ETH) Records Highest CEX Inflows In 2 Months

Ethereum (ETH) Records Highest CEX Inflows In 2 Months

Over the past week, Ethereum (ETH) registered the highest inflows into centralized exchanges (CEX) in the past two months. These significant asset movements have suggested a potential price dip for ETH. CoinGecko data shows that the second-largest cryptocurrency has been experiencing a slight price decline, losing 2.5% of its value in the past week. As […]

Dogecoin Becomes 8th-Largest Cryptocurrency After Adding $1 Billion To Market Cap

Dogecoin Becomes 8th-Largest Cryptocurrency After Adding $1 Billion To Market Cap

Dogecoin continues to cement itself as the largest meme coin by market cap, displaying signs of renewed enthusiasm every so often. This week, the meme-inspired cryptocurrency added over $1 billion to its market cap, making it the 8th-largest crypto. This was a result of Dogecoin’s surge of over 10%, boosting its market cap to more […]

South Park’s Kenny Powers Up: Meme Coin Raises Over $400,000 In Market Cap On Presale

South Park’s Kenny Powers Up: Meme Coin Raises Over $400,000 In Market Cap On Presale

South Park’s Kenny McCormick may be perpetually doomed, but his latest venture in the world of cryptocurrency is anything but. Burn Kenny, the new hilariously irreverent meme coin has raised over $400,000 in market cap on its presale, leaving fans excited for what’s to come.  Inspired by the beloved South Park character, Burn Kenny is […]

Bitfinex Hackers Surrender: Couple Agrees to Forfeit 120,000 Bitcoin in Plea Deal

Bitfinex Hackers Surrender: Couple Agrees to Forfeit 120,000 Bitcoin in Plea Deal

An American couple accused of laundering billions of dollars worth of Bitcoin stolen from the 2016 hacking of virtual currency exchange Bitfinex has entered into a plea agreement, according to court records reported by Reuters.  Heather Morgan, who used the hip-hop alias “Razzlekhan” to push her music online, and her husband Ilya Lichtenstein were arrested […]

Ethereum Daily Users Plunge Amid Declining Network Revenue

Ethereum Daily Users Plunge Amid Declining Network Revenue

The second quarter of 2023 brought significant challenges for the Ethereum network as its revenue experienced a sharp decline. Ethereum network revenue plummeted from $1.27 billion to $847 million during Q2, representing a staggering 33.3% drop.  The network revenue for Ethereum encompasses all transaction fees paid by users to Ether validators, as well as the […]

Coinbase Exchange Tells Borrowers That They Have Four Months To Pay Back

Coinbase Exchange Tells Borrowers That They Have Four Months To Pay Back

Coinbase, America’s largest crypto exchange, is winding down its Borrow program and has given borrowers four months to repay their loans.  Coinbase To Shut Down Borrow Program The Coinbase Borrow program allowed eligible Coinbase customers in certain US states to borrow up to $1 million worth of US dollars by putting up bitcoin or other […]

New Crypto Bill Demands SEC And CFTC To Draft Rules For Trading Platforms

New Crypto Bill Demands SEC And CFTC To Draft Rules For Trading Platforms

Senior House Republicans have officially introduced a bill that seeks to change how crypto markets function in the United States. Republican members of the Agriculture and Financial Services Committees of the United States House have introduced this bill to create a regulatory framework for digital assets. Submitted on July 20, the Financial Innovation and Technology […]

Riding The Ripple Effect: What’s Next For Stellar Lumens (XLM)?

Riding The Ripple Effect: What’s Next For Stellar Lumens (XLM)?

The comeback of the Stellar Lumens (XLM) price keeps going on. In the last 24 hours, XLM has risen by another 15%, bringing the Ripple competitor’s price in line with XRP. Indeed, both tokens have risen by close to 65% (at this stage) since the summary judgment in Ripple’s legal battle with the U.S. Securities […]

Chainlink Holds Strong With 19% Rally – More Gains In The Pipeline?

Chainlink Holds Strong With 19% Rally – More Gains In The Pipeline?

Chainlink (CHAIN) has recently experienced a surge in its short-term price action, delivering considerable gains to its holders. The excitement surrounding this upward momentum has been palpable, but astute observers have noticed some intriguing indications that suggest this hike might not necessarily signify the peak for LINK.  Such a notion is not mere speculation; instead, […]

Maker (MKR) Records Higher Gains As Market Turns Red, What’s Behind It?

Maker (MKR) Records Higher Gains As Market Turns Red, What’s Behind It?

The crypto market swiftly turned bearish from yesterday’s scarcely bullish outlook, and top coins have receded farther from their new-found support. But interestingly, MarkerDao’s MKR appears unperturbed by the market’s gloomy sentiment as MKR soared higher with massive gains, adding over 17% to its value on the day.  MKR Price Outlook Over the last day, the […]

Is The Chainlink Top In? This Metric May Suggest So

Is The Chainlink Top In? This Metric May Suggest So

On-chain data shows that Chainlink’s social dominance has observed a large spike after its sharp price surge, a possible sign that the top may be here. Chainlink Social Dominance Rises To 3rd Largest In Cryptocurrency Sector According to data from the on-chain analytics firm Santiment, LINK is the third most trending asset in the market […]

Solana Boosts Performance With 100% Uptime Record In Q2 2023

Solana Boosts Performance With 100% Uptime Record In Q2 2023

Solana, a key player in the Layer-1 blockchain network domain, has shown a substantial improvement in the network’s uptime and reliability this year, with just one recorded outage so far since the year 2023 began. According to a performance report released by the Solana Foundation on July 20, the network’s stability and performance saw a […]

Dogecoin Sees Positive Price Movement, Bulls Set Crosshair At $0.075

Dogecoin Sees Positive Price Movement, Bulls Set Crosshair At $0.075

Dogecoin (DOGE) is fixated on a crucial juncture in its price trajectory. Having recently faltered at the previous range-high, the cryptocurrency community eagerly awaits to see whether history will repeat itself.  DOGE bulls, ever resilient, have their sights firmly set on re-targeting $0.075 – a level that could signify a significant breakthrough if achieved. As […]